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Dec 7, 2012
12/12
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they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humility. the french don't seem to have any. those socialists are going to go down with the ship. >> they're going to go down with the ship. when that ship goes down, there's not going to be any millionaires and billionaires left. they will have left and gone to switzerland. be great to get them over here. >> those millionaires that are fleeing france and britain, they're not going to california. >> no. >> the total combined tax rate there is now moving above 50%. they're not going to new york. combined tax rate is above 50%. and oh, yeah, they're not going to
they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have...
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Dec 6, 2012
12/12
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short-term wise, people started to leave france. you heard about 75% tax on revenues above 1 million euros. it's not that many people, of course, but it's a signal sent to people. much more important than that, it's what has been announced and what will be implemented next year on dividends and capital gains. this is a signal to the young generation when it will come to build their own company to those young entrepreneurs, well, they'll think of doing it outside of the country. that's for sure. but when we talk about the fiscal cliff, in france it's much higher than a cliff. when it comes to france, the only solution that has been put on the table, it's tax raises, nothing about cutting expenses. >> some people don't realize money is mobile. so people will pick up and they will leave if they're faced with these very, very significant tax rates. that's what we're seeing from some of your colleagues in the industry. would you leave france because of the 75% tax? >> well, i don't know. in my case, i will see. the 75% will last two year
short-term wise, people started to leave france. you heard about 75% tax on revenues above 1 million euros. it's not that many people, of course, but it's a signal sent to people. much more important than that, it's what has been announced and what will be implemented next year on dividends and capital gains. this is a signal to the young generation when it will come to build their own company to those young entrepreneurs, well, they'll think of doing it outside of the country. that's for sure....
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Dec 27, 2012
12/12
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and let me say that france has a lot of advantages. nice infrastructure, good infrastructure, demography, people with skills, a good level of education. we can take advantage of that, even compared with our peers so let's do everything we can to -- the benefit of these positive advantages and not be -- not present people to invest in france because they might be afraid of a lack of visibility on the taxpayers or too high taxes. >> but do you think it's sending the right signal to investors when it's threatening to nationalize a factory? >> no, certainly not. these are not the right ones and clearly what an investor needs is, again, confident. immediately going forward, illustrate will not suffer from taxes or a potential threat. the message should be positive for investors, not just french one, but also we have a strategy to reduce stability. >> but do you understand some people could be forced to leave the country because of increasing back pressure? >> there is a lot of debate around that. my view is that is not the right thing to th
and let me say that france has a lot of advantages. nice infrastructure, good infrastructure, demography, people with skills, a good level of education. we can take advantage of that, even compared with our peers so let's do everything we can to -- the benefit of these positive advantages and not be -- not present people to invest in france because they might be afraid of a lack of visibility on the taxpayers or too high taxes. >> but do you think it's sending the right signal to...
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Dec 21, 2012
12/12
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france needs to reform. that's the view from a lot of french deals, including from the ceo of so thee generale. i caught up with him about societe generale and also the uk situation. is the uk going to leave the european union and what would be the consequences for the finance industry in europe. >> i'm really supportive of the united kingdom remaining in the european union. i think, again, when you look at the brix countries such as china, india, brazil, which would benefit from this new energy boom, if we look at europe, if we think about europe developing, we should resist fragmentation, each country doing in a different direction. there might be some best in the short-term, but in the long-term, it's not positive. so i hope the european union will remain in the european union. >> and we got similar comments from the uk. he believes the uk will not leave the european union and say that would be damaging for both the country and also for europe. so i think, kelly, you got the message. stay with us unless,
france needs to reform. that's the view from a lot of french deals, including from the ceo of so thee generale. i caught up with him about societe generale and also the uk situation. is the uk going to leave the european union and what would be the consequences for the finance industry in europe. >> i'm really supportive of the united kingdom remaining in the european union. i think, again, when you look at the brix countries such as china, india, brazil, which would benefit from this new...
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Dec 3, 2012
12/12
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this followed the downgrade to france last week by moody's. the fsf has taken the standpoint that they need to be a top rated agency, not necessarily aaa, but they could find a way to make themselves aaa, but they've decided to accept the rating of aa plus. it doesn't really change an awful lot. it wasn't a huge surprise. and as we go in next year, we'll have the composite. so it doesn't make the funding arithmetic any different. it doesn't change the levels dramatically because the market already can discounted these events. >> so what's the trade as we go into the pre-christmas period? what's the trade, where is the tail wind? >> the trade is to stay long risk. i think at some point over the course of next year, we'll have issues. my opinion is that we stay risk on through to the middle of january of next year. and one of the reasons for that is that we do have as usual a big payout of coupons and redemptions through january. you've got about 100 billion of cash coming back into the market. so i think february is the month where we could hav
this followed the downgrade to france last week by moody's. the fsf has taken the standpoint that they need to be a top rated agency, not necessarily aaa, but they could find a way to make themselves aaa, but they've decided to accept the rating of aa plus. it doesn't really change an awful lot. it wasn't a huge surprise. and as we go in next year, we'll have the composite. so it doesn't make the funding arithmetic any different. it doesn't change the levels dramatically because the market...
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Dec 20, 2012
12/12
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in the netherlands, france, hong kong, poland, and, yes, even the far out british outpost of australia, the colony still hitting its highest level since last year. >> germany, the highest level since january 2008. as we mentioned, the hang seng, highest low since 2011 and south africa's index, by the way, seems day after day after day hitting the highest level ever. anyway, in today's thing that makes you go hmm. $7.4 million in gold coins. that is exactly how much a substitute teacher in the san francisco bay area inherited from her 69-year-old cousin. the new found millionaire was pleasantly surprised, as you can imagine. might be an understatement with the news, but has kept quiet from the media and moved to an undisclosed location. >> the story where the guy had like $200 in his bank account i think. >> he died. >> but he had millions in gold coins in the home but no direct heirs. they had to work hard to find arlene, and they come knocking on your door, hello, yeah, i am. here's $7.4 million. there's an important lesson here i think for all of us to know which is tonight, and it's
in the netherlands, france, hong kong, poland, and, yes, even the far out british outpost of australia, the colony still hitting its highest level since last year. >> germany, the highest level since january 2008. as we mentioned, the hang seng, highest low since 2011 and south africa's index, by the way, seems day after day after day hitting the highest level ever. anyway, in today's thing that makes you go hmm. $7.4 million in gold coins. that is exactly how much a substitute teacher in...
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Dec 27, 2012
12/12
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france, 2.08. the u.s., 2.06, ireland, 2.01. in red, they're looking at next generations that will get smaller and smaller and smaller. the uk, well under 2. china, 1.55. we know they've actually implemented policies because they want to control population. in the bigger picture, fooling around with mother nature in this way could have hugely negative consequences. russia 1.43 and germany, 1.41. at the very bottom of the list, other than certain countries where the information is not available, the bottom of this list was singapore at .78. i know we're dealing with so many issues nowadays and i blow a gasket over many of them, whether fiscal cliff, unfunded liabilities, at some point, growth is the answer. when you start considering where the engines of growth have been and what their population declines may be, it makes one wonder, where is the horsepower from global growth will come from and this at some point needs to affect the picks in your stock portfolio. back to you. >> rick, i'll take it from you, rick santelli. >>> eve
france, 2.08. the u.s., 2.06, ireland, 2.01. in red, they're looking at next generations that will get smaller and smaller and smaller. the uk, well under 2. china, 1.55. we know they've actually implemented policies because they want to control population. in the bigger picture, fooling around with mother nature in this way could have hugely negative consequences. russia 1.43 and germany, 1.41. at the very bottom of the list, other than certain countries where the information is not available,...
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Dec 31, 2012
12/12
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markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if this thing sud
markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in...
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Dec 6, 2012
12/12
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you also see gains with the cac in france and the ftse in london. in asia overnight, you did see slight drop by the hang seng and shanghai, those were big gainers the day before. and in japan, the nikkei up by 0.8%, kospi up 1%. oil prices this morning are trading up about 28 cents, 88.16. the ten year note this morning is sitting right at 1.85%. you to you see pressure on the yield. dollar down once again today. the yen at 82.37. and the euro at 1.30777. and gold prices at this point are up 1.20. $1659 and ounce. >> wonder what boehner and obama talked about on the phone. i think it went something like this. your mother! no, your mother. no, your mother. and then it went back and forth. your mother to infinity. >> no, i think what happened is we realize that there's been an awful lot of theatrics. >> you don't think they said your mother? >> no. >> you don't think they hurled insults at each other? >> no. >> actually, boehner was just a dial tone. you said i'm supposed to do what to myself? no, that's not boehner. >> on the economic front, i guess
you also see gains with the cac in france and the ftse in london. in asia overnight, you did see slight drop by the hang seng and shanghai, those were big gainers the day before. and in japan, the nikkei up by 0.8%, kospi up 1%. oil prices this morning are trading up about 28 cents, 88.16. the ten year note this morning is sitting right at 1.85%. you to you see pressure on the yield. dollar down once again today. the yen at 82.37. and the euro at 1.30777. and gold prices at this point are up...
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Dec 20, 2012
12/12
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but you do see a bit of a decline for germany and france and modest moves across all of these markets. the bank of japan easing monetary policy again today, announcing an increase of its asset buying and lending program by more than $118 billion. that move was widely expected as part of the reason that you had seen the yen under quite a bit of pressure, yesterday, at least. you'll see right now that in japan, the market there actually closed down by just over 1%, 1.2% almost. the hang seng and the shanghai composite were slightly higher. oil prices this morning, you'll see right now, are down by about 4 cents to $89.94, so you have things to pick up in those prices over the last couple of days. and the ten-year note at this point which yesterday was yielding above 1.8%, dropping down to 77.2%. finally, take a look at the dollar and gold. yen is at 83.99. gold prices this morning with all these movements in the currency markets up by about $1.10. >>> winter storm draco is moving across the united states threatening retailers and holiday travelers. paul, we know that sometimes the storm
but you do see a bit of a decline for germany and france and modest moves across all of these markets. the bank of japan easing monetary policy again today, announcing an increase of its asset buying and lending program by more than $118 billion. that move was widely expected as part of the reason that you had seen the yen under quite a bit of pressure, yesterday, at least. you'll see right now that in japan, the market there actually closed down by just over 1%, 1.2% almost. the hang seng and...
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Dec 26, 2012
12/12
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the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of 2012, home builders going in 2013. >> data showing what some experts say is the slowest growth in spending since the 2008 recession. according to mastercard, spending polls units through christmas eve, retail sales rose just .7% from the year before. the national retail federation says it is forecasting a 4% jump in sales. we'll continue to get trickles of data as we progress through this last week. it is still an important week, the final week before the new year in terms of retail sales for these guys. >> historical
the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front....
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Dec 4, 2012
12/12
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they've had some new economic data out of france, for instance. some finance ministers meeting as well in brussels. >> it's a bit of a holding pattern waiting for the fiscal cliff, for the greek debt buyback to go through on thursday. >>> the european markets are closing now. >> so no great direction in the markets today. it is interesting, i think, both angela merkel attended today her party conference, the cdu, the christian democrats, conservatives, she launched her campaign to run germany for a third time. the election is in the third quarter of next year. she actually warned against premature optimism over the crisis saying the worst is not over and we must be cautious going forward. now to a certain extent she would say that, would she not? otherwise we're not out of the woods. keep me in charge. but that was the message that came out of germany today. elsewhere as we kind of wait for things to happen, it's interesting the bond markets continue to rally. we were talking about this yesterday that greece has priced the debt buyback where it ha
they've had some new economic data out of france, for instance. some finance ministers meeting as well in brussels. >> it's a bit of a holding pattern waiting for the fiscal cliff, for the greek debt buyback to go through on thursday. >>> the european markets are closing now. >> so no great direction in the markets today. it is interesting, i think, both angela merkel attended today her party conference, the cdu, the christian democrats, conservatives, she launched her...
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Dec 19, 2012
12/12
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adding employees to europe, france, germany, very strong. similar to what bill mcdermott has been saying. we are all so doom and gloom about europe, ellison's talking about it's a bright spot. >> what about germany today, up again for december, as we mentioned at the top of the show, above $1.33 a day. something's going on there. the big upgrade on greece. that's kind of strange, right? >> up four or five notches. >> i have to stand up for a second. $8. >> is it finally time? >> i want to click my heels, but these are soft reeboks. you wouldn't hear it. >> are we going to see that, finally, at last? >> the way people were coming on and saying it's going to zero. >> running for the exit. >> when was the euro dissolved and greece kicked out? what was the date? >> it happened just in reverse. >> it was overnight. >> we'll see. i can't believe 2013 will not hold a couple of moments where we go, ah. but it is amazing. nothing we can do. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens whe
adding employees to europe, france, germany, very strong. similar to what bill mcdermott has been saying. we are all so doom and gloom about europe, ellison's talking about it's a bright spot. >> what about germany today, up again for december, as we mentioned at the top of the show, above $1.33 a day. something's going on there. the big upgrade on greece. that's kind of strange, right? >> up four or five notches. >> i have to stand up for a second. $8. >> is it finally...
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Dec 23, 2012
12/12
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gun homicide rate is 30 times that of france or australia. it is 12 times higher than the average for other developed countries. why is that? if psychology is the main course, we should see that we have 12 times as many psychologically disturbed people as the oecd average. we don't. in fact, america takes mental disorders seriously, treats them and doesn't stigmatize them. we do better in this area than most of our peers. is america's popular culture much worse than other rich countries? not really since it's largely the same popular culture worldwide. england and wales, for example, are exposed to virtually identical cultural influences as the u.s. yet, their rate of gun homicide is some 3% of ours. the japanese are at the cutting edge of the world of video games, yet the u.n. puts their gun homicide rate at close to zero. why? well, they have one of the most restrictive series of gun laws in the world. when looking internationally, it is obvious that the one feature of america that would explain why we have so much more gun violence than th
gun homicide rate is 30 times that of france or australia. it is 12 times higher than the average for other developed countries. why is that? if psychology is the main course, we should see that we have 12 times as many psychologically disturbed people as the oecd average. we don't. in fact, america takes mental disorders seriously, treats them and doesn't stigmatize them. we do better in this area than most of our peers. is america's popular culture much worse than other rich countries? not...
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Dec 27, 2012
12/12
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they gained independence in the 60s and france's president said we are not getting involved. we will protect the french nationals. we have seen this before and other african crisis sometimes it escalated to genocide. nobody is helping or thinking that is going to happen now, but there have been so-called peace talks and if the rebels want to overcome government forcesings they seem to have had success in going towards the capital and elsewhere. >> richard roth, appreciate it. >> former president george hw bush in intensive care in a houston hospital. we have the latest on his condition, next. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it
they gained independence in the 60s and france's president said we are not getting involved. we will protect the french nationals. we have seen this before and other african crisis sometimes it escalated to genocide. nobody is helping or thinking that is going to happen now, but there have been so-called peace talks and if the rebels want to overcome government forcesings they seem to have had success in going towards the capital and elsewhere. >> richard roth, appreciate it. >>...
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Dec 1, 2012
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france. compare that to the average american worker to works about 230 days a year. rihan and maria, okay, i'm sure we can all agree we would love that schedule. okay, especially if your compensation remained what it was. now, eric cantor, being serious here, says the new calendar allows lawic makers to spend time at home. 126 days in washington is 25 workweeks. that's only 50% of the year. >> members of congress are still doing their jobs when they're in their constituencies. they're still working on legislation and much else. if you're concerned about congress wasting time, i think we ought to be more concerned about the fact that individual candidates are raising money, rather than parties. being out there in their districts, getting in touch with folks who understand their interests, that's really, really important as a part of their job. >> i think we can agree on that, but do they need that much time? how much of this is going to things americans don't want? >> it's way too much, i think, erin, and i've always thought that. we understand congress needs to be in
france. compare that to the average american worker to works about 230 days a year. rihan and maria, okay, i'm sure we can all agree we would love that schedule. okay, especially if your compensation remained what it was. now, eric cantor, being serious here, says the new calendar allows lawic makers to spend time at home. 126 days in washington is 25 workweeks. that's only 50% of the year. >> members of congress are still doing their jobs when they're in their constituencies. they're...
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Dec 1, 2012
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france. compare that to the average american worker to works about 230 days a year. writer for the national review and maria, a cnn contributor. i'm sure we can all agree we would love that schedule. especially if your compensation remained what it was. now, eric cantor, being serious here, says the new calendar allows lawmakers a week a month to spend back at home. when ip did the math, 126 days in washington is 25 workweeks. that's only 50% of the year. >> erin, members of congress are still doing their jobs when they are in their constituencies, when they are reaching out to their constituents. they are still working on legislation and much else. if you are concerned about congress wasting time, we ought to be more concerned about the fact that individual candidates are raising money rather than parties. that's the thing that really distracts them from the hard work of legislating. being out there in their districts, that's actually really, really important as a part of their job. >> i think we can all agree with that. do they need this much time? how such going t
france. compare that to the average american worker to works about 230 days a year. writer for the national review and maria, a cnn contributor. i'm sure we can all agree we would love that schedule. especially if your compensation remained what it was. now, eric cantor, being serious here, says the new calendar allows lawmakers a week a month to spend back at home. when ip did the math, 126 days in washington is 25 workweeks. that's only 50% of the year. >> erin, members of congress are...
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Dec 4, 2012
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likelihood of a close family relative for whatever particular reason, diana, her full name is diana frances. one of those two names i'm sure will figure if she's a girl in the four or five names she's likely to be allocated. if it's a boy, i would look to history, you know. britain's not had a king george or king james for quite awhile. we've had quite a few in the past. similarly with henry. what it probably won't be is edward or andrew or charles, because that would be william's dad and uncles. he may feel it's a bit too close to home. my money would go on a kind of george, possibly, or henry or james. >> or they could go a whole other direction and go latina. go with soledad. you know. >> i think that is the least likely thing to happen in the history of the royal family. >> less likely than piers? really? want to put some money on that? piers morgan, thank you. >> listen, wait a minute. i won't let you have the final word on that. piers is a very old-fashioned english name, old english for pizza. there has never been a king piers. >> no one's going to name their kid pizza. >> more than
likelihood of a close family relative for whatever particular reason, diana, her full name is diana frances. one of those two names i'm sure will figure if she's a girl in the four or five names she's likely to be allocated. if it's a boy, i would look to history, you know. britain's not had a king george or king james for quite awhile. we've had quite a few in the past. similarly with henry. what it probably won't be is edward or andrew or charles, because that would be william's dad and...
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Dec 4, 2012
12/12
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diana, her full name is diana frances. one of those two names i'm sure we'll figure if she's a girl, in the four or five names she's likely to be allocated. if it's a boy, i would look to history. britain's not had a king george or king james for quite a while. we've had quite a few of them in the past. presumably with henry. what it probably won't be is andrew, edward or charles. my money would go on a kind of george possibly. or a henry or a james. >> or they could go a whole other direction and go latina, go with soledad. >> that's the least likely thing to happen in the history of the royal family. >> really? less likely than piers? >> listen, wait a minute. piers is actually a very old fashioned english name. there's never been a king piers. >> nobody's going to name their kid pizza. >> more likely to be king piers than queen soledad, i'll tell you. >> we'll see, all right, piers, thanks. >>> we'll be back in a moment. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to wo
diana, her full name is diana frances. one of those two names i'm sure we'll figure if she's a girl, in the four or five names she's likely to be allocated. if it's a boy, i would look to history. britain's not had a king george or king james for quite a while. we've had quite a few of them in the past. presumably with henry. what it probably won't be is andrew, edward or charles. my money would go on a kind of george possibly. or a henry or a james. >> or they could go a whole other...
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Dec 5, 2012
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ambassadorships to france and the united kingdom. according to a bloomberg report out today on the short list for both is anna wintour. the very influential editor in chief of "vogue" magazine since 1998. now, she has been criticized for a demanding personality but she has been praised for keeping "vogue" relevant in the ever-changing world of fashion for almost 25 years. she's a lion in her business. but that's probably not the reason she's being considered for the jobs. ambassadorships are increasingly used as rewards for top level political supporters and anna wintour was a very good political bundler, financial bundler for president obama during his campaign. she hosted two fund-raising dinners this summer at $40,000 a plate. the president appreciates that sort of thing. politicians do. he's already appointed other big backers to top posts. in 2009, telecom executive donald gibbs got south africa. investment banker louis sussman, the united kingdom. and the pittsburgh steelers chairman dan rooney got ireland. it's not just this p
ambassadorships to france and the united kingdom. according to a bloomberg report out today on the short list for both is anna wintour. the very influential editor in chief of "vogue" magazine since 1998. now, she has been criticized for a demanding personality but she has been praised for keeping "vogue" relevant in the ever-changing world of fashion for almost 25 years. she's a lion in her business. but that's probably not the reason she's being considered for the jobs....
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Dec 27, 2012
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now if you're traveling to france, you can have a whopper, although i don't think you're a vegetarian are you? >> yes, i am. but you've got to wonder what they saw in their research that made them go back to france. >> i think it's just globalization. you have more people traveling. you have americans -- it's widely known that americans are all over the market. bigger market and place to go. not too terribly surprising. >> lisa sylvester, thanks. >>> new englanders are shoveling snow while southerners are shir v shivering. the latest on what is a winter storm and what is coming next. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ sof
now if you're traveling to france, you can have a whopper, although i don't think you're a vegetarian are you? >> yes, i am. but you've got to wonder what they saw in their research that made them go back to france. >> i think it's just globalization. you have more people traveling. you have americans -- it's widely known that americans are all over the market. bigger market and place to go. not too terribly surprising. >> lisa sylvester, thanks. >>> new englanders...
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Dec 13, 2012
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if you find your child has a super athlete syndrome, eh, he's not going to study, he'll be a tour de france winner. >> all questions are not answerable but the article is fascinatin fascinating. that's the cover story in "time" magazine today. >>> coming up next, dealing into super brain, kind of connected. >> yes. >> we'll talk with a geneticist and deepak chopra "releasing the power of your mind to grow your emotions." we'll talk about all that straight ahead. >>> and the golden globe nominations are about to be announced, we'll take you live to l.a. to see who made the list and who did not. that's ahead. stay with us. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> wel
if you find your child has a super athlete syndrome, eh, he's not going to study, he'll be a tour de france winner. >> all questions are not answerable but the article is fascinatin fascinating. that's the cover story in "time" magazine today. >>> coming up next, dealing into super brain, kind of connected. >> yes. >> we'll talk with a geneticist and deepak chopra "releasing the power of your mind to grow your emotions." we'll talk about all that...
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Dec 4, 2012
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. >>> is president obama considering the vogue editor ambassador to the united kingdom or france? she's among a handful of top obama fund-raisers interested in the post. she's said to have inspired the film "the devil wears prada." that would be very interesting. >> she knows both cities very well. >> and she has quite a reputation for being a tough negotiator. >> thank you. >>> tony blair is standing by to join us live. we're going to talk about the international suspicions that syria's regime may be preparing to use chemical weapons against its own people. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. he opened up jake's very private world. at first, jake's family t
. >>> is president obama considering the vogue editor ambassador to the united kingdom or france? she's among a handful of top obama fund-raisers interested in the post. she's said to have inspired the film "the devil wears prada." that would be very interesting. >> she knows both cities very well. >> and she has quite a reputation for being a tough negotiator. >> thank you. >>> tony blair is standing by to join us live. we're going to talk about...
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Dec 27, 2012
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she wanted to get full custody and live in france. that was denied. there's a lot of friction there and it came to a head when gabriel came over on thanksgiving day and got into a fight with olivier martinez, her current fiance. >> it wasn't just a fight. it was a brawl. >> grown men fighting over halle berry and this -- >> there it is. >> there's gabriel aubrey. >> then we released that photo and i pulled it up on my blackberry, i audibly gasped. i couldn't believe it. >> that's a classic movie-making black eye. olivier martinez, he's small but packs a punch. he's a boxer. gabriel i don't think knew what he was getting into with this fight. things have calmed down with them. they haven't disclosed the new arrangement. things are quieter. halle's in paris right now for the holidays. >> with olivier? >> yes. >> never a dull moment in your world. >> 2013, we'll see what has. >> i'm sure there will be plenty more scandals. bradley jacobs, senior editor for "us weekly." we'll see what happens. drew? >>> coming up, what the fbi was doing to keep tabs on th
she wanted to get full custody and live in france. that was denied. there's a lot of friction there and it came to a head when gabriel came over on thanksgiving day and got into a fight with olivier martinez, her current fiance. >> it wasn't just a fight. it was a brawl. >> grown men fighting over halle berry and this -- >> there it is. >> there's gabriel aubrey. >> then we released that photo and i pulled it up on my blackberry, i audibly gasped. i couldn't...
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Dec 25, 2012
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armstrong, stripped of his tour de france titles and resigned from his cancer foundation. >> two words. jeremy lin. >> lin-sanity. >> can you believe this is happening? >> no. >> at the start of the year jeremy lin was a harvard grad trying to make it in the nba but over the course of ten days in february the asian american became a global sensation as he led the new york knicks on a seven-game win streak and single handedly reinvigorated a franchise that had fallen on tough times. >> four hours away from the big opening ceremony. >> you can really feel the buzz in london. >> for two weeks in summer the london olympics took center stage with barrier breaking performances. michael phelps who became the most decorated olympian of all time, american gabby douglas the first black woman to win the gymnastics individual all-around title. south africa's oscar pistorius the first double amputee to compete in the olympics and the female athletes from saudi arabia and qatar who were allowed to be competing in the olympics for the first time. the new orleans saints made news for the wrong reasons
armstrong, stripped of his tour de france titles and resigned from his cancer foundation. >> two words. jeremy lin. >> lin-sanity. >> can you believe this is happening? >> no. >> at the start of the year jeremy lin was a harvard grad trying to make it in the nba but over the course of ten days in february the asian american became a global sensation as he led the new york knicks on a seven-game win streak and single handedly reinvigorated a franchise that had...
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Dec 31, 2012
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the seven-time tour de france winner was stripped of his titles, lost his sponsorships and left the board of his famous cancer charity live strong, after the u.s. anti-doping agency found he engaged in a long term pattern of blood doping during his career. armstrong still denies using performance-enhancing drugs. >>> number seven, wrong side of the street. few things are more universal for american children than sesame street and elmo. which makes the elmo sex scandal all the more shocking. kevin clash resigned as the voice of elmo after allegations he had sexual contact with underaged males. the show says no one there knew anything about it. >>> number six, congress behaving badly. the whiff of scandal doesn't mean you can't win a race for congress. jesse jackson jr. of illinois was re-elected even though he was absent for months due to mental health issues and under federal investigation for misusing congressional resources. weeks after the election he resigned. prolife republican congressman of tennessee had urged his pregnant mistress to get an abortion a decade ago. he denied the wom
the seven-time tour de france winner was stripped of his titles, lost his sponsorships and left the board of his famous cancer charity live strong, after the u.s. anti-doping agency found he engaged in a long term pattern of blood doping during his career. armstrong still denies using performance-enhancing drugs. >>> number seven, wrong side of the street. few things are more universal for american children than sesame street and elmo. which makes the elmo sex scandal all the more...
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Dec 13, 2012
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the other part is the tour de france. lance armstrong was at the top of his game but knew he couldn't compete unless he used the same illegal method everyone else was using. if sports leagues are serious about sending a clear message they would be emphatic in their efforts to eradicate and eliminate performance drugs. they could do it if they want to. they have to spend the time the effort and the energy to do it and certainly need the cooperation of the players association. >> tim green, appreciate you joining us, thank you very much. >>> barbara walters asks chris christie, are you too heavy to be president? his response next. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. ♪ ♪ [ male announcer ] everyone deserves the gi
the other part is the tour de france. lance armstrong was at the top of his game but knew he couldn't compete unless he used the same illegal method everyone else was using. if sports leagues are serious about sending a clear message they would be emphatic in their efforts to eradicate and eliminate performance drugs. they could do it if they want to. they have to spend the time the effort and the energy to do it and certainly need the cooperation of the players association. >> tim green,...
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Dec 24, 2012
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he loved france and the french people. he loved the legacy, the cultural france. it had to be resurrected. >> you connect a bit in here with -- back in 1990's, we had someone in this country want pamelamed pat o'hara -- harriman. put all of that together. >> randolph is winston's son, and his own sister said he could pick a fight with a chair. pamela -- i am drawing a blank on her family name. she came from an old english family, very old. back to thomas of beckett. which is still a catholic part of england. the first time she met churchill, she had just met randolph. they met, mary, proposed within a week or so. she came to churchill's country home. he was painting and she walked up. she was just 19, i think. very pretty. and the first thing out of his mouth was a " are you catholic?" which is very telling in that country. and she said, "well, we were, but we learned our lesson under cromwell." and he loved her. i think they were married in 1939. soon thereafter, in november 1940, little winston was born. the grandson. the marriage by then was already essentially
he loved france and the french people. he loved the legacy, the cultural france. it had to be resurrected. >> you connect a bit in here with -- back in 1990's, we had someone in this country want pamelamed pat o'hara -- harriman. put all of that together. >> randolph is winston's son, and his own sister said he could pick a fight with a chair. pamela -- i am drawing a blank on her family name. she came from an old english family, very old. back to thomas of beckett. which is still a...
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Dec 24, 2012
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but they were not in england ready to go back to france. the canadians paid in hong kong and australian and british in singapore. so after dunkirk here was a country like a boxer is down on one knee and the ref is about to call in a day. host: when did the blitz of london occur? . this is actually part of the battle of britain. the air battle, the hollywood battle of spitfires and everything began in bid july, july 10 officially. host: of 1940. guest: of 1940. that is when the invasion scare began. the germans were soften up for the final blow which churchill never believed was coming. never for a minute did he believe the germans would invade. but he had to pursue the invasion scare tactic in order to build up his armies and get more planes and get equipment from the u.s., which was dragging its feet. the final plan, the german plan, would be to soften air bases then in lit august or september crush the remnants of the r.a.f. it was a good plan but it wasn't working and goring got hitler's permission to bomb the ports. bombing was so ineff
but they were not in england ready to go back to france. the canadians paid in hong kong and australian and british in singapore. so after dunkirk here was a country like a boxer is down on one knee and the ref is about to call in a day. host: when did the blitz of london occur? . this is actually part of the battle of britain. the air battle, the hollywood battle of spitfires and everything began in bid july, july 10 officially. host: of 1940. guest: of 1940. that is when the invasion scare...
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Dec 23, 2012
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and i love my mother, who's here with me, frances scott, and i'm very thankful to the good lord and to a strong mom who believes that sometimes love has to come at the end of a switch, and she loves me a lot. and i'll tell you that along that way, that when times got tough and when i was flunking out of high school -- when i failed world geography, civics, spanish and english -- when you fail spanish and english, they don't call you bilingual, ok? they may refer to you as biignic because you can't speak any language. i will tell you that my mother did not quit on me. i also had the good fortune of meeting a meant more from chick-fil-a who taught me basic biblical principles and it has served well. our nation finds itself in a situation where we need some backbone, we need to make very difficult decisions. so often we have a conversation about how do we create enough revenue to solve the problem. i learned early in my 20's that if you have a problem with spending, there's not enough revenue to make up for it. we have a spending problem, ladies and gentlemen, in america, and not a revenu
and i love my mother, who's here with me, frances scott, and i'm very thankful to the good lord and to a strong mom who believes that sometimes love has to come at the end of a switch, and she loves me a lot. and i'll tell you that along that way, that when times got tough and when i was flunking out of high school -- when i failed world geography, civics, spanish and english -- when you fail spanish and english, they don't call you bilingual, ok? they may refer to you as biignic because you...
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Dec 24, 2012
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going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not help -- we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years of aerospace. who were the movers and shakers. they wanted me to predict the next 100 years. i refused. i went ahead and i wrote an article and i picked these people and i was fortunate enough to have met all but two of these people. i think these were the ones that come to me, were the ones that really made aerospace in that first 100 years. if you do not know korlov, he was the van braun of russia. who was inspired by them -- i found out later and realized later that everyone on that list was between the age of 4 and 13. and seeing that innovation gives them the courage to try somethi
going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not help -- we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years...
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Dec 29, 2012
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going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years of aerospace. who were the movers and shakers. they wanted me to predict the next 100 years. i refused. i went ahead and i wrote an article and i picked these people and i was fortunate enough to have met all but two of these people. i think these were the ones that come to me, were the ones that really made aerospace in that first 100 years. if you do not know korlov, he was the van braun of russia. who was inspired by them -- i found out later and realized later that everyone on that list was between the age of 4 and 13. and seeing that innovation gives them the courage to try something really hard, and
going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years of aerospace. who...
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Dec 11, 2012
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he was given the honor for his military service and helping to secure the liberation of france. the determination, bravery and selflessness of victor decarlo and so many like him is why we consider his generation the greatest. after the war, victor returned home, earning an engnoorg degree at tristate college in indiana and worked until his retirement at westinghouse in 1989. he and his wife have five children, 13 grandchildren and one greatgrandchild. i ask my colleagues to join me in celebrating an individual who is emblem attic of the greatest war, world war ii. it's truly an honor to slare victor's story with my colleagues again today. i want to commend victor decarlo for his commitment to his country and congratulate him on being awarded the prestigious national honor of the french liege only of honor. the speaker pro tempore: the chair recognizes another member from the great state of ohio, mr. turner, for five minutes. mr. turner: thank you, mr. speaker. i am here today to extend my sincere and best wishes as five of my fellow ohioans will be leaving the house after the a
he was given the honor for his military service and helping to secure the liberation of france. the determination, bravery and selflessness of victor decarlo and so many like him is why we consider his generation the greatest. after the war, victor returned home, earning an engnoorg degree at tristate college in indiana and worked until his retirement at westinghouse in 1989. he and his wife have five children, 13 grandchildren and one greatgrandchild. i ask my colleagues to join me in...
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Dec 29, 2012
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going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not help -- we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years of aerospace. who were the movers and shakers. they wanted me to predict the next 100 years. i refused. i went ahead and i wrote an article and i picked these people and i was fortunate enough to have met all but two of these people. i think these were the ones that come to me, were the ones that really made aerospace in that first 100 years. if you do not know korlov, he was the van braun of russia. who was inspired by them -- i found out later and realized later that everyone on that list was between the age of 4 and 13. and seeing that innovation gives them the courage to try somethi
going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not help -- we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years...
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Dec 29, 2012
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well, france has a luxury tax of 75%. fighting a renouncing it is unconstitutional. i guess if we're going to go off the cliff, we will go off the cliff. the pen is mightier than the sword. the people that put us there, get rid of them. as all i can say. host: do you think going to a luxury tax would be the way to go? caller: i think so. the comparative luxury tax on the big yachts on the water down in florida. -- they can put a luxury tax on the yachts on the water in florida. guest: i think it is useful to step back. what happens if we go over the fiscal cliffs or even we get the type of deal that the president is looking for? what we are talking about is the top individual income-tax rate rising from 35% to 39.6%. that was the same texture that we had before 2001. -- that is the same tax rate that we had before 2001. we do not need to be up at the 75% level. i would not advocate that we go to the 75% level. that is not really where we are. that is not where we need to be. host: we hae a tweet. guest: the payroll tax is basically a fixed percent, at 2% of income. i
well, france has a luxury tax of 75%. fighting a renouncing it is unconstitutional. i guess if we're going to go off the cliff, we will go off the cliff. the pen is mightier than the sword. the people that put us there, get rid of them. as all i can say. host: do you think going to a luxury tax would be the way to go? caller: i think so. the comparative luxury tax on the big yachts on the water down in florida. -- they can put a luxury tax on the yachts on the water in florida. guest: i think...
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Dec 27, 2012
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germany and france are about to go in recession. when you have a shaky economy, piling on taxes does not work. spain's has been raising taxes. we have not seen anything like this with governments deliberately raising taxes on a scale since the early 1930's. they should be going in the opposite direction. they are putting more burdens on the private economies. host: somebody who may be in your income group wrote an op-ed about a month ago and this is part of it. i want to get your reaction. guest: in terms of income and what people effectively pay in tax rates, people and higher incomes pay effective tax rates three times those earning middle incomes in this country. salaried income versus capital gains gets confused. capital gains are no sure things. it is a high-risk proposition. there has always been a lower rate for capital gains. you would see this economy crater and hope of investment and go by the boards. bill clinton lowered the tax rates. to reverse that trend, that was a bad decade, the 1970 's. we have seen that in other c
germany and france are about to go in recession. when you have a shaky economy, piling on taxes does not work. spain's has been raising taxes. we have not seen anything like this with governments deliberately raising taxes on a scale since the early 1930's. they should be going in the opposite direction. they are putting more burdens on the private economies. host: somebody who may be in your income group wrote an op-ed about a month ago and this is part of it. i want to get your reaction....
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Dec 18, 2012
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he saw combat in italy and southern france and was badly wounded during an engagement for which he was awarded a distinguished service cross of which was later upgraded to the medal of honor, our highest award for military valor. with financial assistance from the g.i. bill, inouye graduated from the university of hawaii and the george washington university law school. daniel inouye won election to the united states house of representatives as the united -- the new state's first congressman. he is currently serving his eighth term in the united states senate. other people we have spoken to have talked about the first time they were sworn in as a member of congress. in 1959, you became the first member from hawaii. what was that like when you work first on the floor of the house of representatives? >> i spent some time in washington before this. i went to law school. i had never been on the floor of the chamber. it was an awesome experience for me to be among a multitude of giants and have teh speaker of the house swear me in. it was a simple ceremony, but i will never forget it. >> whe
he saw combat in italy and southern france and was badly wounded during an engagement for which he was awarded a distinguished service cross of which was later upgraded to the medal of honor, our highest award for military valor. with financial assistance from the g.i. bill, inouye graduated from the university of hawaii and the george washington university law school. daniel inouye won election to the united states house of representatives as the united -- the new state's first congressman. he...
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Dec 20, 2012
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i mean, i don't think germany's going to invade france any time soon or russia's going to invade poland. but yet we have a huge amount of deployed american forces in europe. i mean, maybe we need to have a discussion about whether or not we need that. whether or not we can afford that expense. whether or not that does anything to enhance our security. again, i want a military that is the best in the world, i want it to continue to be that way, i want it to be second to none. i want to make sure we have all that we need but i don't want to be investing in things we don't need. and when the joint chiefs of staff and when the secretary of defense and all the experts tell us that they don't need something and we here appropriate money to keep something going that is unnecessary, that is unwanted, at the same time while you're trying to cut the benefits of some poor old lady, her social security, there's something wrong with this equation. we got to start thinking about the security of people here in this country as well. and what we're going to do right after this is take up a rule that's g
i mean, i don't think germany's going to invade france any time soon or russia's going to invade poland. but yet we have a huge amount of deployed american forces in europe. i mean, maybe we need to have a discussion about whether or not we need that. whether or not we can afford that expense. whether or not that does anything to enhance our security. again, i want a military that is the best in the world, i want it to continue to be that way, i want it to be second to none. i want to make sure...
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Dec 27, 2012
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germany and france are about to go in recession. when you have a shaky economy, piling on taxes does not work. spain's has been raising taxes. we have not seen anything like this with governments deliberately raising taxes on a scale since the early 1930's. they should be going in the opposite direction. they are putting more burdens on the private economies. host: somebody who may be in your income group wrote an op- ed about a month ago and this is part of it. i want to get your reaction. guest: in terms of income and what people effectively pay in tax rates, people and higher incomes pay effective tax rates three times those earning middle incomes in this country. salaried income versus capital gains gets confused. capital gains are no sure things. it is a high-risk proposition. there has always been a lower rate for capital gains. you would see this economy crater and hope of investment and go by the boards. bill clinton lowered the tax rates. to reverse that trend, that was a bad decade, the 1970's. we have seen that in other c
germany and france are about to go in recession. when you have a shaky economy, piling on taxes does not work. spain's has been raising taxes. we have not seen anything like this with governments deliberately raising taxes on a scale since the early 1930's. they should be going in the opposite direction. they are putting more burdens on the private economies. host: somebody who may be in your income group wrote an op- ed about a month ago and this is part of it. i want to get your reaction....
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Dec 28, 2012
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my husband was a soldier in war war ii, and he was wounded in normandy, france. he fought for his country. he paid into social 30 security. he worked until he was 70. host: at me ask you what do you think should happen and what do you think is gonna happen? caller: part of my little social security check is because of his, and without it i would be out on the street. we were just poor people always. i am wondering are they going to take away our social security checks? host: i understand your concern about the social security check. las vegas, nev., what do you think about that? caller: 84 allowing me to speak. i agree with the previous callers, but let me just say that this country -- i am 69 years old -- 30 years ago this country was balanced. social security was balanced, and all the other balance sheets were balanced. until these republicans started dipping. they borrowed from social security and never paid it back, and then they started saying the problem was with social security. they cut programs, and i just think that they need to really look at what they
my husband was a soldier in war war ii, and he was wounded in normandy, france. he fought for his country. he paid into social 30 security. he worked until he was 70. host: at me ask you what do you think should happen and what do you think is gonna happen? caller: part of my little social security check is because of his, and without it i would be out on the street. we were just poor people always. i am wondering are they going to take away our social security checks? host: i understand your...
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Dec 31, 2012
12/12
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they take a ski vacation in france and a cost $20,000. they spend money like it is garbage. cheerleading for tax breaks for people who do not need it. they have admitted they do not need it. the republicans and the democrats are not facing the key issue with our budget, which is medical cost. it is insanity we do not hear enough and i wish c-span would have more programs dealing with all of the options that could lessen the burden on the government and the taxpayer for the medical costs. i believe that in medicare buy- in -- i have 10 years left to go until medicare. i pay $620 a month for my health care. that is a lot of money. i would give that to the government and would usn't use t $100 or $200 a year. host: that is an important issue. we will focus more as the affordable care act t kicks in. for the suggestion -- thank you for the suggestion. the deficit is close to $16.4 trillion. this is part of the debate we will see at the start of the new congress. the so-called fiscal cliff was coined by ben bernanke. the story from "roll call." "it could be reached over this week
they take a ski vacation in france and a cost $20,000. they spend money like it is garbage. cheerleading for tax breaks for people who do not need it. they have admitted they do not need it. the republicans and the democrats are not facing the key issue with our budget, which is medical cost. it is insanity we do not hear enough and i wish c-span would have more programs dealing with all of the options that could lessen the burden on the government and the taxpayer for the medical costs. i...
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Dec 27, 2012
12/12
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[applause] >> ladies and gentlemen, france, -- friends, -- her work focuses on the intersection of law, business, and morality. she has been a speaker and panelist for events and organizations around the world, including the clinton global initiative. in 2012, she was named a top observer of the economy by the agenda at product. her newest book is the "shareholder value meth -- how putting shareholders' first harms' investors, corporations, and the public." that as a tablet find irresistible. please welcome -- a title i find irresistible. please welcome the professor. [applause] >> thank you, for that and kind introduction. let me start with what an honor it is, especially students in the clinton school. i have a master's from the school of public policy -- a similar degree. i have always found it amazing i have been able to carve a career for myself, as you are doing. and thinking about how the world could be made a better place. for those of you at the clinton school, i think there is frankly no more rewarding thing that you can do. my appreciation for you. thank you very much for in
[applause] >> ladies and gentlemen, france, -- friends, -- her work focuses on the intersection of law, business, and morality. she has been a speaker and panelist for events and organizations around the world, including the clinton global initiative. in 2012, she was named a top observer of the economy by the agenda at product. her newest book is the "shareholder value meth -- how putting shareholders' first harms' investors, corporations, and the public." that as a tablet find...
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Dec 21, 2012
12/12
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france has to be the poster child, although maybe greece, i guess, would take number wunsch. >> but we do know that the u.s. spends a larger percentage of its gdp on health care than any of the other developed nations by a fairly significant amount. so really tackling that underlying issue of what percent of our economy is going to health care in general is really the key issue. and we should be focused on that, i think, much more than the federal government's portion of it. and in this case where you have a proposal that would actually increase the share of gdp going to health care is taking us in the wrong direction. >> that is assuming that medicare spending equals medicare costs and, again, as somebody who actually ran the program, i'm not assuming that. >> you want to do that one? sure. >> dade, this one is definitely for you specifically and aarp. the question is this: what scoreable savings proposals does aarp support for medicare beyond just better care coordination? does aarp support means testing, combining parts a and b cost sharing or medigap reforms or anything else? >> i
france has to be the poster child, although maybe greece, i guess, would take number wunsch. >> but we do know that the u.s. spends a larger percentage of its gdp on health care than any of the other developed nations by a fairly significant amount. so really tackling that underlying issue of what percent of our economy is going to health care in general is really the key issue. and we should be focused on that, i think, much more than the federal government's portion of it. and in this...
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Dec 1, 2012
12/12
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. >> you did a calculation that showed a health care system, the best in europe or france or germany, we would have no deficit in the baby boom demographics. >> everyone else -- canada is a single payer system but not socialized medicine. medicare for everybody. and is complicated. but it is a mixture of public provision, public health insurance but much heavier hand of government, the same cost as the canadian system but spectacularly good outcomes relative to anybody and britain has a system which is pure socialized medicine and the outcomes are a little better than ours. the cost is 40% better. all of these, if we were able to emulate these things we would be able -- our budget problems would be gone -- and it defies -- one of our two presidential tickets, the signature proposal is to take one of the parts of the system that works pretty well and privatize it. [talking over each other] >> let's make sure nobody gets to do what i did as governor of massachusetts which is privatize medicare. privatize and underfund which is incredible. it is a rejection of both theory and evidence. t
. >> you did a calculation that showed a health care system, the best in europe or france or germany, we would have no deficit in the baby boom demographics. >> everyone else -- canada is a single payer system but not socialized medicine. medicare for everybody. and is complicated. but it is a mixture of public provision, public health insurance but much heavier hand of government, the same cost as the canadian system but spectacularly good outcomes relative to anybody and britain...